HOOD May 2024 12.500 call
| Previous close | 4.6400 |
| Open | 4.6400 |
| Bid | 5.3500 |
| Ask | 5.6000 |
| Strike | 12.50 |
| Expiry date | 2024-05-03 |
| Day's range | 4.6400 - 4.6400 |
| Contract range | N/A |
| Volume | |
| Open interest | 1 |
Yahoo FinanceRobinhood gets new legal threat from SEC as crypto crackdown continues
Robinhood said it got a SEC warning that the trading platform could face an enforcement action related to its US crypto business.
- Yahoo Finance Video
Robinhood's crypto unit receives Wells Notice from SEC
Robonhood (HOOD) disclosed that the US Securities and Exchange Commission has sent the company a Wells Notice over its crypto business. A Wells Notice is a notification that the regulator is planning to bring an enforcement action against the company. In a blog post, Robinhood's Chief Legal, Compliance, and Corporate Affairs Officer Dan Gallagher says “After years of good faith attempts to work with the SEC for regulatory clarity including our well-known attempt to ‘come in and register,’ we are disappointed that the agency has decided to issue a Wells Notice related to our U.S. crypto business," adding that the company intends to engage with the regulator. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Stephanie Mikulich.
BloombergSEC Warns Robinhood That Its Crypto Business Faces Lawsuit
(Bloomberg) -- The US Securities and Exchange Commission warned Robinhood Markets Inc. that it faces an enforcement action over its crypto business — the latest sign that the regulator isn’t letting up on its years-long crackdown on digital assets. Most Read from BloombergTruce Talks Drag as Hamas Hits Israel Crossing in Deadly AttackJudge Threatens Trump With Jail Over Gag Order ViolationsTreasury Rally Risks Running Into a $125 Billion Brick WallBuffett Praises Apple After Trimming It, Drops P
